Action Continues in Derm

2017 was a strong acquisition year for US dermatology firms.  It's estimated that the acquisition total was up at least 45% over the previous year.  The action continues in 2018... In general, it appears that the larger firms continue to bring smaller practices into their fold.  Here's a rundown of some of the first quarter derm acquisitions: 

US Dermatology Partners, a portfolio company of ABRY Partners, acquired:

• Practice of Dr. Robert Silverman in Fairfax, VA
• Rabin-Greenberg Dermatology with 3 locations in the Houston area.
• Stillwater Dermatology Clinic's 2 Oklahoma locations 
• Metcalf Dermatology with 1 Stillwater, Oklahoma location

Pinnacle Dermatology, supported by Chicago Pacific Founders, acquired:

• Van Dam Dermatology & Laser Center practice location in suburban Chicago

Epiphany Dermatology, based in Austin, acquired: 

• Dermatology Associates, Inc. establishing a presence in Missouri 
• Frisco Dermatology Laser & Surgery Center located in the Dallas/Ft. Worth metroplex

Affiliated Dermatology, based in Arizona, acquired: 

• Derma Aura Dermatology increasing Affiliated's Phoenix presence to 6 locations

More Fish in the Net...

U.S. Anesthesia Partners (USAP) cast a wider net - adding 2 more founding partners in January, 2014.  USAP, formed in 2012, by healthcare private equity firm, Welsh Carson Anderson & Stowe is a single-specialty physician services organization.  The new partners include Pinnacle Anesthesia (Dallas, TX) and JLR Medical Group (Orlando, FL) who join Greater Houston Anesthesiology (GHA).  The three groups cover more than 1000 anesthesiologists. >>Read more  According to USAP President and CEO, Kris Bratberg:

"USAP’s growth strategy is to invest in and partner with the nation’s leading anesthesia groups, positioning them for continued success and growth in a dynamic healthcare environment.”

The New Year also saw several regional anesthesia groups merge to form ONE Anesthesia.  ONE, a management services organization (MSO), will provide management infrastructure, leadership, enhanced IT support to better meet the needs of patients and health system partners.  The merger included Williams and Wagner, PSC; Anesthesia Associates of Louisville, PSC; Anesthesia Associates of Clark County, PSC and Southern Indiana Anesthesia Consultants, LLC. 
 >>Read more